Avior Wealth Management LLC Has $880,000 Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Avior Wealth Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 18.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 24,946 shares of the company’s stock after buying an additional 3,855 shares during the period. Avior Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $880,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after buying an additional 521 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 38.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,610 shares of the company’s stock valued at $54,000 after buying an additional 450 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at about $72,000. Centaurus Financial Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $110,000. Finally, GAMMA Investing LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after buying an additional 4,160 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.4%

Shares of NASDAQ:SDVY opened at $38.01 on Tuesday. The company’s 50 day moving average price is $37.38 and its two-hundred day moving average price is $35.13. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.60. The firm has a market cap of $8.81 billion, a PE ratio of 14.54 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 25th.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.